Oil & gas

Global oil demand to increase in 2012,says IEA

14 Jul 2011

India, Iran crude payments row: Riyadh fishing in troubled waters

13 Jul 2011

Saudi Arabia may be looking to step into an on-going row between India and Iran over delayed payments for supply of crude to Indian refiners, offering additional supplies to Delhi.

CAG meets oil explorers, DGH in ‘exit conference’

13 Jul 2011

Vedanta takes further 10-% stake in Cairn India

13 Jul 2011

RIL executives meet CAG officials over KG-D6 gas

12 Jul 2011

Iraq’s gas deal with Shell-Mitsubishi almost finalised

11 Jul 2011

CAG has got it all wrong on KG D-6, says RIL

11 Jul 2011

In a reply to CAG, RIL has written that the allegation of gold-plating costs at the Krishna-Godavari D-6 gas block, which it operates are baseless and the handiwork of corporate rivals

ExxonMobil served deadline to clean Yellowstone River oil spill

09 Jul 2011

Canadian utility Atco to acquire WAGN for about A$356 mn

07 Jul 2011

Cabinet nod likely for BP’s $7.2-bn gas deal with RIL

07 Jul 2011

The petroleum and natural gas ministry is in favour of BP's proposal and has referred it to the cabinet because of the large investment involved

National Oilwell Varco to buy Ameron International for $772 million

06 Jul 2011

Reliance to sell gas pipeline firm, RGTL: reports

06 Jul 2011

Ambani has approached bankers to help him sell the business

BP to aid Reliance in oil and gas field development at KG-D6

06 Jul 2011

McBiodiesel: McDonald’s to produce fuel from its waste vegetable oil

05 Jul 2011

India, Iran may resolve oil payments crisis soon

05 Jul 2011

With the oil payments crisis involving India and Iran turning ugly with Tehran threatening to shut off crude oil supplies, both countries have signalled they may perhaps secure a long-term solution.

Iran retracts threat– will continue crude supplies to India

04 Jul 2011

Iran backed off Sunday from a threat issued earlier to Indian refiners to block crude oil exports from August, and said it would continue supplies to the country. India is one of the top buyers of Iranian crude.

Rider to pull down Cairn India's profit share from Rajasthan oil by $1.68 billion

02 Jul 2011

Former oil regulator Sibal in CBI net for graft

02 Jul 2011

The  CBI has charged former director-general of hydrocarbons V K Sibal, and six of his former colleagues with criminal conspiracy to grant undue favours to an American seismic exploration firm.

Iran may halt crude supplies to India in August

01 Jul 2011

Escalating matters on a payments dispute, Iran has warned India it will stop crude oil supplies from August if a long simmering dispute over payment for crude oil imports was not resolved soon.

China operates world's longest gas pipeline

01 Jul 2011

India’s crude oil production up 9.6 per cent in May

29 Jun 2011

Cairn writes off $600 million to save Vedanta deal

28 Jun 2011

Energy Transfer battles Williams' $4.9 bn rival bid for Southern Union

28 Jun 2011

CAG says no to Reliance on oil field audit response

27 Jun 2011

Reliance Industries has been refused an opportunity by the CAG  to comment on its draft audit report which has indicted the Mukesh Ambani-run company for allegedly receiving undue favours from the oil ministry

Opposition blasts government on fuel price hike

25 Jun 2011

The across the board fuel price hike has come in handy for both the opposition and its own allies to take potshots at an increasingly beleagured government